Home automation products are set to really take off this year, according to analyst Context.
Adam Simon, global managing director for retail business and development at Context, told PCR at Distree EMEA 2015 that he believes the sector is evolving fast.
With products such as the Nest smart smoke alarm and smart fridges coming to market, Simon believes it’s only a matter of time before more retailers start to incorporate them within their businesses.
Simon said: "It is estimated that there are 240 million homes in Europe and of those around one million are equipped today with smart home solutions.
"The potential for growth is enormous and according to research carried out by Berg Insight, the market will be worth €2.6 billion in 2017 and will cover 30 million homes."
Simon also sees a future for wearable technology, providing consumers are informed of where they can purchase such items.
Other companies, including PXS Distribution, Dixons Carphone and more, are also keen to take on smart home automation devices.